Transcript

00:00:01

>> President Trump may be gearing up to try to roll back vehicle emissions targets put in place under former President Obama. Sources telling Reuters Trump plans to formally announce a review of those rules when he meets with auto chiefs on Wednesday. Transportation reporter David Shepardson is on the story.

00:00:17

>> The administration is reopening their review of the 2022 to 2025 fuel efficiency rules. The rules require over a 13-year period that all companies about double the fuel efficiency of the fleet to over 50 miles per gallon. And to meet those targets, they've gotta sell higher numbers of hybrids and other advanced technology vehicles.

00:00:36

But with gasoline prices remaining low, as they argue that it's too expensive and consumers are not buying enough fuel-efficient products to meet those targets.>> At the meeting will be the heads of US-based companies General Motors, Ford, and Fiat Chrysler, with reps from Japan and Germany also expected.

00:00:53

>> This policy was a core part of the Obama administration's climate policy. Remember because Congress really refused to do much, he used his authority under the Clean Air Act to address power plants and vehicles. And undoing that would be a big rejection of a large part of what President Obama's domestic climate policy was all about.

00:01:14

>> Trump has repeatedly met with automaker CEO since taking office and made boosting jobs especially in the auto sector a top priority.